tinusbotha

tinusbotha

Good support and resistance from 1H and 4H. A break above $34 000 could provide a good trade opportunity in the short term. Have to wait for a pull back and confirm the bounce from $34 000. Another reversal from $34 000 with a break out under the bullish channel will provide a good short opportunity.

tinusbotha

If wee see a good Bitcoin correction and price holding, money will move to the ALT's, If we see price breaking the wedge upward it will be a good short term investment to increase you bitcoin position. If Bitcoin doesn't hold its position this week we can see a rough time for stellar and other coins with a possible break out down from the wedge

tinusbotha

Another big BTC sell off happening. Breaking support levels for the past week. With a lot of up and coming ETF's BTC will regain some traction before each sell off.

tinusbotha

Price retested to form a double bottom and has broken upwards out of a descending channel with strong movement during the past 2 hours. We can see price breaking a strong resistance level at 9400$ during the day

tinusbotha

Price of Bitcoin has dropped as SEC (Securities and exchange commission) rules that crypto 'exchanges' will have to officially register. Governments are closing their grips on crypto's. Price revered at a strong resistance level of 11700$ accompanied by some bad news for crypto's this week. Price still moving down a channel pattern with 2 strong support levels...

tinusbotha

If we see price close below the 20 SMA, we can see the price of BTCUSD falling to the next support zone between 9400$ and 8900$. If we see price bounce near the Accumulation zone we our next target will be set back between 11500$ and 12300$ Wait for price to clearly bounce from the Accumulation zone and breakout above 9400$ mark before re-entering a long...

tinusbotha

BTC will test s very strong previous structure level at 12333.6 USD. We are also seeing price start to move sideways breaking out of the channel. Price is supported by the 20 day MA which is a good sign for price movement during the rest of the week/end. If we see an ABCD pattern forming along the green arrow we can expect to see price hitting the structure...

tinusbotha

Possibility on a fun day trade opportunity. Stochastic and MFI in an upward channel with MFI about to touch support. We also have a wedge pattern forming indicating a "higher" probability breakout. Of course could be either side. Awaiting confirmation with an increase of volume as well as a price break upward out of the wedge. Another possibility if we see...

tinusbotha

SALT BTC showing a good probability of a 3rd bounce off resistance. Trade volumes are quite low meaning that price movement will be little and has the possibility of breaking out once volume is regained. Personally I see price drop between 0.00062480 BTC and 0.00051447 BTC as marked by the Accumulation zone on the chart. Let me know what you think!

tinusbotha

The current news around BTC and crypto's have not been good as prices started falling from December and January. We could possibly see a retracement back to around the 5000 dollar mark. A new strong resistance line has formed at the 12700 dollar mark. We could see a bearish channel confirmation as marked in the next couple of days if prices reverse and break the...

tinusbotha Updated 

Bitcoin held structure very well during this retracement. We can see that the initial spike came down to touch the 61.8 fib level with the bulls retaking the price for a few days. Prices dipped once again and held structure at the 50% fib level and has been gaining momentum ever since. A massive increase in the market cap has been noticed. ALT's are starting to...

tinusbotha

Excellent day trading opportunities and price seems to hold firm at mid 30's. There is a lot of rumors circulating around coins to be listed on COINBASE and ETC is definitely one to watch. Even if ETC is just a guess to be added, there is still good price movement. It is a good coin with a moderate circulating supply of 98,875,824. Price is holding strong...

tinusbotha Updated 

NEO has had its run again and is a perfect time to get out once again. If you are trading to gain bitcoin value then this trade is for you. short your NEO holdings now and re-enter again at structure. Even though NEO Dollar will make you profits in the long run, it will kill your initial bitcoin holdings, thus using NEO as a bitcoin multiplier works...

tinusbotha Updated 

The SALT lending platform is launching this December. Prices broke All time high yesterday and is currently retesting support. We might see prices fall down to yesterdays open before continuing up. Current price is at $8 and once the platform launches SALT coins will be sold on their site for $25 according to their whitepaper. If this is enforced prices should...

tinusbotha Updated 

OKCash is at an interesting level. We can either see continuation down the channel if prices break support level at 0.00002535 BTC or we can see momentum continuing upwards if price bounces off the support level at 0.00002535 BTC. This crypto has a maximum supply of 105,000,000 coins meaning that it is rather volatile to price movements but not to little to...

tinusbotha Updated 

Ethereum vs Bitcoin oversold time to short Ethereum and buy back at the next wave. This trade is only applicable if you trade to increase your bitcoin holding. Price has reached structure. RSI has reached structure. Stochastics are oversold and crossing. BTC:1Erm4VB2v3JRDjnstaL7xnauSvomMDkvQu LTC:LhkMKHtEQ7SJnEFntoUBhG17oXdwmdHysV ETH:...

tinusbotha Updated 

Bitcoin is busy with another strong retracement back to the 50% and 61.8% Fibonacci levels. This is a 4th wave of the bitcoin bull run between mid 2016 and end 2017. Price might take a few days to recover as week hands fold and the market goes through typical FUD, but in my opinion this retracement is very healthy and people need to stay calm and follow analysis...

tinusbotha

Bitcoin history showing fib level retracements. Please check out the main IDEA: